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Nov 14, 2012
11/12
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CNBC
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that's 22% higher than it was last year. that's the real fiscal cliff, not this rouge we're worried about. >> you know, we heard from the president now for the first time. it seems like the president is digging in. everybody of's digging in. it feels like a dÉjÀ vu to me. i'm hoping we get a compromise, but are we still talking about ideologies that are leading things? are we ever going to get an agreement? do we just go over it? what are the implications? >> who's that to? >> rick santelli. >> well, listen, i never was a believer that after this president won a second term he was going to be easier to work with than the first term. i'm not buying it. i perm personally think there's significant chance that december 31st will come and go and there will not be a resolution. i also believe those 2%, call it class warfare, call it what you want, they're going to see a tax increase and maybe other taxes even though as michael said, it's not going to make any difference in the big picture of deficits. that really doesn't seem to
that's 22% higher than it was last year. that's the real fiscal cliff, not this rouge we're worried about. >> you know, we heard from the president now for the first time. it seems like the president is digging in. everybody of's digging in. it feels like a dÉjÀ vu to me. i'm hoping we get a compromise, but are we still talking about ideologies that are leading things? are we ever going to get an agreement? do we just go over it? what are the implications? >> who's that to?...
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Nov 14, 2012
11/12
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FOXNEWS
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the amount is 22% higher than it was last year this time. stuart varney, do the numbers now. >> reporter: you can't wrap your arms around it to understand $1 trillion. the debt is going up very, very rapidly. we are spending a lot more than we are taking in in tax revenues. here is a number for you. in the last 70 days our national debt has gone up by a quarter trillion dollars. 70 days. as you said, we are on track for a straight year, a trillion dollar plus deficit eac each and every year. bill: in two months and 10 days we went una quarter trillion dollars. >> reporter: how can you get to grips that and understand a number so enormous in such a short period of time and how do you get it under control? bill: tim geithner the treasury secretary is quote as saying this in the "washington post." when you take a cold hard look at the amount of resources you can raise through the top 2% of americans you will finds yourself disapointed relative to the magnitude of the revenue increases that we need. >> reporter: that means you can't just limit d
the amount is 22% higher than it was last year this time. stuart varney, do the numbers now. >> reporter: you can't wrap your arms around it to understand $1 trillion. the debt is going up very, very rapidly. we are spending a lot more than we are taking in in tax revenues. here is a number for you. in the last 70 days our national debt has gone up by a quarter trillion dollars. 70 days. as you said, we are on track for a straight year, a trillion dollar plus deficit eac each and every...
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Nov 14, 2012
11/12
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CNBC
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i talked to money managers this morning. people listen to this cisco call who don't necessarily even own the stock because it's such an important barometer for so many things. and their opinions were similar to yours. very positive call in many ways. >> fiscal cliff comes up quickly in one of the questions. he makes it clear that enterprise is good. can you imagine how much the federal government has cut back in spending and how profitable government spending is but they triumphed over. >> europe comments more temper. how much does that matter? >> you'll see in q-1 of next year europe becoming executives will say we are managing europe down. we're not going to make europe a key part of -- when they did the euro single currency and lots of companies rushed, particularly technology companies rushed to europe. you'll see in q-1 companies saying, look, we have maintained our european. don't worry about european. if they don't say it, i think we'll sell the stocks. >> worse before it gets better was on the conference call. >> ind
i talked to money managers this morning. people listen to this cisco call who don't necessarily even own the stock because it's such an important barometer for so many things. and their opinions were similar to yours. very positive call in many ways. >> fiscal cliff comes up quickly in one of the questions. he makes it clear that enterprise is good. can you imagine how much the federal government has cut back in spending and how profitable government spending is but they triumphed over....
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Nov 14, 2012
11/12
by
CNN
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all right, sir, nice to see you steve israel joining us this morning we appreciate it. still ahead on "starting point" this morning, if you want to secede from the united states, the white house is going to look into that for you. there's a number of petitions popping up about secession. texas. i'm so glad will cain is on our "starting point" team this morning. we're going to talk about the great state of texas. >> i have an independent texas.f . because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas deliver
all right, sir, nice to see you steve israel joining us this morning we appreciate it. still ahead on "starting point" this morning, if you want to secede from the united states, the white house is going to look into that for you. there's a number of petitions popping up about secession. texas. i'm so glad will cain is on our "starting point" team this morning. we're going to talk about the great state of texas. >> i have an independent texas.f . because your daughter...
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Nov 14, 2012
11/12
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CSPAN
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they could not celebrate this success without the leadership of steve israel, the chair. when i asked him to take this responsibility to serve our country and colleagues, i i said to all of you that he is a gold standard of a member of congress. he knows the policy. he cares about american people. that drives him to do the politics to increase our numbers to pass legislation that takes us for to improve the lives of americans. before i bring him on, i wanted to have a representative of the freshman class to speak on behalf of the class. i am very honored to welcome a fighter for the middle class, a real representative of his generation, congressman alec patrick murphy. his election is a cuase for celebration. his election sends the message to a new generation of americans that their voices will be heard at the table. congratulations, congressman a -elect, patch of mercy. -- patrick murphy. >> thank you for your leadership and for being here with us. thank you for your support. my name is patrick murphy from florida district 18. the youngest member of congress. i did defea
they could not celebrate this success without the leadership of steve israel, the chair. when i asked him to take this responsibility to serve our country and colleagues, i i said to all of you that he is a gold standard of a member of congress. he knows the policy. he cares about american people. that drives him to do the politics to increase our numbers to pass legislation that takes us for to improve the lives of americans. before i bring him on, i wanted to have a representative of the...
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Nov 14, 2012
11/12
by
CNN
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>> i spoke with him last night and we exchanged some correspondence this morning. >> how would you describe his state of mind? >> well, i think his state of mind is fine. i would suggest, though, that he is very well aware of everything that's going on, how much hurt he has caused his family, the implications of him resigning and the poor judgment and decisions that he made that led to this. >> colonel, would you say that there's any part of general petraeus' state of mind that regrets resigning? the reason i ask that is that he was interviewed by the fbi three, four weeks ago and clearly didn't resign as a result of that interview, which must have been the moment he realized this was all potentially going to come out. and there is a suggestion in some reports that he believed for awhile he may be able to hang on to his job. >> well, i think he definitely regrets the reasoning behind why he had to resign. you have to understand the internal makeup of david petraeus. 37 plus years in uniform, the morals, the character, the ethics that go along with being in the uniformed service, this violat
>> i spoke with him last night and we exchanged some correspondence this morning. >> how would you describe his state of mind? >> well, i think his state of mind is fine. i would suggest, though, that he is very well aware of everything that's going on, how much hurt he has caused his family, the implications of him resigning and the poor judgment and decisions that he made that led to this. >> colonel, would you say that there's any part of general petraeus' state of...
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Nov 14, 2012
11/12
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CSPAN2
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>> i don't believe i read a report this morning that they had a subpoena. do you know about that? and i don't asking myself the question, what court did they go to for that subpoena. i don't remember the source of that. i just, in my glory night trip around the internet i recall picking that up. it's worth asking the question that i appreciate you asking but i don't know the answer. >> i don't know the answer to that but i know i was struck, forcing their members, i've been struck by the lack of willingness of this administration, just them or previous administrations to share information with those of us that are supposed to make critical foreign policy decisions and the budget process. very unwilling, and certainly this is another case of the. but i was struck as well that, you need to tell me the head of the cia uses gmail? [inaudible] >> to communicate? it just struck me that i'm very concerned about the. and, obviously, there will be some areas into this but i see this coming, and apparently he has agreed to testify, as he should, like everybody involved should be testifying
>> i don't believe i read a report this morning that they had a subpoena. do you know about that? and i don't asking myself the question, what court did they go to for that subpoena. i don't remember the source of that. i just, in my glory night trip around the internet i recall picking that up. it's worth asking the question that i appreciate you asking but i don't know the answer. >> i don't know the answer to that but i know i was struck, forcing their members, i've been struck...